Aqua, the new alternative trading system (ATS) offering block liquidity to the global equity markets, announced that John Silvestri, an experienced electronic trading professional, has been appointed Senior Vice President with responsibilities that include sales, brokerage operations and business development. He reports to Andrew Fishkind, Global Head of Sales.
Mr. Foley, CEO of Aqua, said, “Aqua has been formed to respond to the demand from equity traders for ways to access new pools of liquidity. We are responding to our clients’ needs with a commitment to excellence in client service, hiring talented people with a breadth of experience in the electronic trading marketplace. John’s valuable expertise in business and product development, his broad project management abilities, and his strong analytical skills will be vital to Aqua as we focus on building block liquidity.”
Mr. Silvestri said, “I am excited to join Kevin, Andrew and the Aqua team because of their commitment to creating an innovative platform responding to the liquidity needs of U.S. and international clients. Together we will build a new environment where our clients will be able to trade large blocks of stock more efficiently and effectively than any other system in the market.”
Mr. Silvestri joins Aqua from Cantor Fitzgerald where he was Vice President in charge of sales and operational support for eSpeed Equities, a direct access provider operated jointly by Cantor and eSpeed. Prior to joining Cantor Fitzgerald, Mr. Silvestri held positions as an equity proprietary trader at NexTrade and Barkley Trading. He began his Wall Street career in a Business Development capacity at MarketXT. Mr. Silvestri holds an MBA from North Carolina State University, as well as a B.S. in Environmental Engineering from Rensselaer PolyTechnic Institute.
About Aqua Aqua is a new electronic trading platform focused on creating new pools of block liquidity for institutions, brokers, and hedge funds. Based in New York, Aqua is expected to seek necessary regulatory approvals globally to operate as an alternative trading system. For more information, please visit www.aquaequities.com.
